Question

Which of the following statements best exemplifies Commoner's Law 1, everything is connected to everything else, as it applies to our economy?

A) Economic policies in one country can impact global financial markets.
B) Economic transactions are typically isolated and have no broader consequences.
C) Government regulations have no influence on economic stability.
D) Economic growth is independent of environmental factors.

Answer 1

The best statement that exemplifies Commoner's Law 1 in relation to our economy is that economic policies in one country can impact global financial markets.

Step-by-step explanation:

Commoner's Law 1, also known as the Law of Interconnectedness, states that everything is connected to everything else. In terms of our economy, the statement that best exemplifies this law is A) Economic policies in one country can impact global financial markets. This is because economic policies, such as changes in interest rates or trade regulations, can have ripple effects on other countries' economies and financial markets. For example, if a country implements protectionist trade policies, it can lead to retaliation from other countries and disrupt global trade, impacting the interconnectedness of economies.